South Dakota Statutes

§ 10-50B-15 — Assignment to state of manufacturer's interest in money in qualified escrow fund.

South Dakota § 10-50B-15
JurisdictionSouth Dakota
Title 10TAXATION
Ch. 10-50AESCROW FUND FOR TOBACCO LITIGATION

This text of South Dakota § 10-50B-15 (Assignment to state of manufacturer's interest in money in qualified escrow fund.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 10-50B-15 (2026).

Text

Notwithstanding the provisions of § 10-50B-8 , a manufacturer that elects to deposit money into a qualified escrow fund pursuant to § 10-50B-7 may assign to the state the interest of the manufacturer in any money in the qualified escrow fund. An assignment executed under this section is irrevocable and applies to any money and any interest or other appreciation earned on any money for which the manufacturer executes the assignment.

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Legislative History

SL 2019, ch 67, § 1.

Nearby Sections

15
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Bluebook (online)
South Dakota § 10-50B-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/10-50B-15.